Treasury confirms that Zuma has repaid money

President Jacob Zuma has repaid the money owing for non-security upgrades to his private Nkandla homestead as ordered by the Constitutional Court‚ the Presidency has confirmed.

In a statement‚ it said Zuma had paid over an amount of R7.8m to the South African Reserve Bank.

“The President raised the amount through a home loan obtained from VBS Mutual Bank on its standard terms‚ one of the few financial institutions which offer home loans in respect of land owned by traditional authorities‚” said spokesman Bongani Ngqulunga.

Zuma had until September 29 to pay the R7.8m that the Treasury had determined he pay‚ as a percentage of costs for the non-security upgrades at his Nkandla home.

The Constitutional Court‚ in its order in March‚ ordered that Zuma personally pay the amount determined by the Treasury within 45 days of the court’s approval of the Treasury’s determination.

The Treasury determined in its report submitted to the court on June 27 that Zuma should pay close to R8m. On July 26‚ the Constitutional Court approved the determination made by Treasury.

In her report titled Secure in Comfort in 2014‚ Public Protector Thuli Madonsela found that Zuma and his family improperly benefited from the measures implemented in the name of security which included non-security comforts at his Nkandla house.

These included the visitors’ centre‚ swimming pool‚ amphitheatre‚ cattle kraal with culvert and chicken run.

She directed that Zuma‚ assisted by certain state functionaries‚ should work out and pay a portion fairly proportionate to the undue benefit that had accrued to him and his family.

For more than a year‚ Zuma did not act on Madonsela’s remedial action.

This prompted the EFF and DA to launch applications to the Constitutional Court to force the president to comply with the remedial action.

In March‚ the court held that the failure by the president to comply with the remedial action taken against him by the public protector was inconsistent with the Constitution.

Leave a Reply